A 4-step process for South Carolina Public Employee Benefit Authority (PEBA) after a death in South Carolina.
Administering agency
South Carolina Public Employee Benefit Authority (PEBA)
South Carolina Public Employee Benefit Authority (PEBA)
Phone: 803-737-6800
Visit the agency website →Contact the South Carolina Public Employee Benefit Authority (PEBA) at 803-737-6800 or 888-260-9430. PEBA administers the South Carolina Retirement System and the Police Officers Retirement System and handles survivor and death-benefit claims.
It depends on the payment option the retiree elected. Option A pays any remaining member-contribution balance as a lump sum, Option B continues the same monthly benefit to the beneficiary for life, and Option C continues one-half of the benefit for life. A period-certain option may also have been elected.
If the member's employer participates in incidental death benefit coverage, PEBA pays the designated beneficiary an amount equal to the member's current annual earnable compensation, provided the member had at least one year of earned service unless the death resulted from a job-related injury. A beneficiary may instead, or in addition, be entitled to a refund of the member's contributions and interest or to a monthly survivor benefit; contact PEBA to confirm what is payable.
Data sourced from State Public Pensions in South Carolina primary sources (5 pages reviewed). How we research.
Administering agency
South Carolina Public Employee Benefit Authority (PEBA)